* 89.29% of capital represented at today's DEMIRE AG Annual General Meeting

* Large majority in favour of management's proposals for all agenda items

 

Langen, 29 May 2019 - The Ordinary Annual General Meeting of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) today approved the proposals of the management by a large majority on all agenda items, and Prof Dr Kerstin Hennig was appointed to the Supervisory Board. Prof Hennig succeeds Dr Thomas Wetzel, who resigned from the Supervisory Board as at the end of today's Annual General Meeting.

Prof Hennig is an Honorary Professor of Real Estate Management and Head of the EBS Real Estate Management Institute (REMI) at the EBS University of Business and Law and has more than 25 years of experience in the real estate industry. She is also a member of the supervisory board of DWS Grundbesitz GmbH.

Prof Hennig has been elected until the end of the Annual General Meeting in 2021.

Prof Dr Alexander Goepfert, Chairman of the Supervisory Board of Officer of DEMIRE, in his comments says: "We are pleased that DEMIRE has gained a proven real estate expert with several years of experience. Prof Dr Hennig will constructively accompany us in our further growth with impetus from her scientific work. At the same time, I would like to thank Dr Wetzel for his outstanding collaboration and beneficial exchange and wish him all the best in his future endeavours."

A total of 89.29% of the capital was represented at the meeting, and DEMIRE's shareholders today approved the management's proposals for all agenda items by a large majority. The results of the vote together with the speech of CEO Ingo Hartlief have been published on DEMIRE's homepage at .

 

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Investor Relations

DEMIRE - Deutsche Mittelstand Real Estate AG
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DEMIRE Deutsche Mittelstand Real Estate AG has commercial real estate holdings in mid-sized cities and up-and-coming locations bordering German metropolitan areas. The company's specific forte is its focus on these second-tier cities - its claim being "First in Secondary Locations" - and on a range of assets that appeals to both internationally active and regionally rooted tenants. DEMIRE holds a portfolio with a combined lettable area of around 1 million m² and a market value of more than EUR 1.4 billion as at the end of the first quarter of 2019.

The portfolio focus on office, retail and logistics assets results in exactly the kind of risk/return structure that DEMIRE considers appropriate for the business line of commercial real estate. The Company puts a premium on long-term contracts with solvent tenants in anticipation of stable and sustainable rental revenues. DEMIRE has set itself the goal to keep optimising its corporate structure. To this end, it pursues an active property management approach, convinced that it is the best way to achieve economies of scale and portfolio optimisations.

DEMIRE Deutsche Mittelstand Real Estate AG shares (ISIN: DE000A0XFSF0) are listed in the Prime Standard segment of the Frankfurt Stock Exchange.